Q2 2025 Earnings Forecast for Iris Energy Limited (NASDAQ:IREN) Issued By Roth Capital

Iris Energy Limited (NASDAQ:IREN) – Stock analysts at Roth Capital reduced their Q2 2025 earnings per share (EPS) estimates for Iris Energy in a research report issued on Monday, October 7th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.01) per share for the quarter, down from their previous forecast of $0.03. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Iris Energy’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Iris Energy’s Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.05 EPS, Q3 2026 earnings at $0.05 EPS and Q4 2026 earnings at $0.01 EPS.

Other research analysts also recently issued reports about the stock. Canaccord Genuity Group reiterated a “buy” rating and set a $15.00 price target on shares of Iris Energy in a report on Thursday, August 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $20.00 target price on shares of Iris Energy in a report on Thursday, October 3rd. Macquarie lifted their price target on Iris Energy from $12.00 to $13.50 and gave the company an “outperform” rating in a research note on Friday, August 30th. Sanford C. Bernstein assumed coverage on shares of Iris Energy in a research note on Wednesday, July 10th. They set an “outperform” rating and a $26.00 price target for the company. Finally, B. Riley dropped their target price on shares of Iris Energy from $17.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, September 13th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Iris Energy presently has a consensus rating of “Buy” and a consensus target price of $15.44.

Iris Energy Trading Down 3.8 %

IREN stock opened at $8.35 on Tuesday. Iris Energy has a 1 year low of $2.79 and a 1 year high of $15.75. The company has a 50 day simple moving average of $7.96 and a 200 day simple moving average of $8.29.

Institutional Trading of Iris Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quadrature Capital Ltd purchased a new position in shares of Iris Energy during the fourth quarter valued at approximately $1,655,000. CCG Wealth Management LLC bought a new stake in shares of Iris Energy in the 1st quarter worth $72,000. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of Iris Energy in the first quarter valued at about $502,000. Van ECK Associates Corp boosted its holdings in Iris Energy by 23.7% during the first quarter. Van ECK Associates Corp now owns 1,837,683 shares of the company’s stock worth $9,924,000 after purchasing an additional 351,774 shares during the last quarter. Finally, Daiwa Securities Group Inc. purchased a new stake in Iris Energy in the 1st quarter valued at about $446,000. 41.08% of the stock is owned by institutional investors.

Iris Energy Company Profile

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.